Home prices have been climbing throughout 2015. On Tuesday, January 26, 2016, S&P Dow Jones Indices published the November report and the gains continue. The second chart shows how the 20 cities have done since the S&P/Case-Shiller National Home Price Index bottomed in January 2012. Following is the Case-Shiller data for Los Angeles from 1980 […]

According C.A.R. Vice President and Chief Economist Leslie Appleton-Young, “In line with our forecast, California’s housing market experienced strong sales and price growth throughout last year, with the median price increasing 6.2 percent for the year as a whole to reach $474,420 in 2015. Looking forward, we expect the foundation for the housing market to […]

According to the Los Angles Times: Home prices in Los Angeles and Orange counties jumped 6.2% in November compared with a year earlier, and prices in San Francisco kept soaring, according to results from the Standard & Poor’s/Case-Shiller index released Tuesday. The Southern California numbers are higher than the national increase of 5.3%. Analysts said the […]

In December 2013, the median sold price for Single Family Homes in the City of Los Angeles was up 41% compared to December 2012! (576,500 – 2013 vs. 410,000 – 2012) Clarus Market Metrics. Statistics are from the MLS for Los Angeles.

The S & P/Case-Shiller Home Price Indices have been published as of the end of the third quarter 2013. Standard and Poor’s 500 Index collects information on the prices of homes in 20 cities across the country. Below is the graph for Los Angeles.* The highest index of 273.80 was in 2006 at the height […]

According to a recent article in the Los Angeles Times, indications are that Southern California home prices are up as of December 2013. Southern California’s median price* hit $395,000 after being flat for six months. The increase is a 2.6% gain over November and a 22% gain from the same period last year. According to […]

Data released by S&P Case-Shiller indices indicate that in the Los Angeles area, prices are still on the rise. Increases for Los Angeles are 2.58% which is somewhat higher than the 20-city or 10-city national composite of 2.45% and 2.48%, respectively. Interestingly enough, there are two opposing pressures on the housing market: The rise in […]

Southern California’s housing market started 2013 with the highest January home sales in six years as sales to investors and cash buyers hovered near record levels and move-up activity remained relatively brisk. The median price paid for a Southland home dipped slightly from December, as it normally does, but jumped 23.5 percent above the year-ago […]